Suggestions for IRA funds

Let me see if I understand you. Now that your funds have lost a little money, you want to secure those losses by transferring into a money market account. Then you'll wait until the market climbs back up again and buy back in when the price of the funds is higher than today. Have I got that right? You want to sell when things are on sale and then buy them back when they are regular price again. Is that how you do it at the supermarket or the department store?

Seems to me you have a buying opportunity rather than a selling opportunity. I don't know how long before you'll be wanting to use your retirement funds, but trading now because the market is volatile is a poor reason for moving things around. Just ride it out is my advice.

Elizabeth Richardson

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Instead of totally moving to cash, you may want to consider diversifying your holdings. Seems you are 100% in stocks. Look at the diversification tools offered from your fund company.

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You mean you want to sell low and buy high? That is not the path to riches. Assuming this is long term money (5 years or more), close your eyes and ignore the market's gyrations.

-- Doug

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How will you know when the market is starting to recover?

The only reliable way to know when it's recovered is to wait until after the recovery has already taken place - by which time you'll have missed out on the recovery.